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Fund Intelligence | Best Managers | FUSFX Insights | FUSFX Score | FUSFX Performance | FUSFX Manager | FUSFX News | FUSFX Allocation | FUSFX Holdings Change

Mutual Fund Insights: Fidelity Ultra-Short Bond Fund (FUSFX)

In-depth Analysis of Fidelity Ultra-Short Bond Fund (FUSFX)

Mutual fund chart: Fidelity Ultra-Short Bond Fund (FUSFX)

3 months
6 months
1 year
3 year
5 year

See Fidelity Ultra-Short Bond Fund (FUSFX) performance details as of February 28, 2010

  

    Last Trade: $8.15 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Robert Galusza

Fund Manager Tenure: 2.7 years
Fundmojo Fund Grade: C (Score: 0.52)     (What does this score mean?)
Galusza joined Fidelity Investments in 1987.  Get more insights on Robert Galusza

  

What we like about Fidelity Ultra-Short Bond Fund (FUSFX) What we like about Fidelity Ultra-Short Bond Fund (FUSFX)

Data for Fidelity Ultra-Short Bond Fund (FUSFX) as of February 28, 2010

  • Fidelity Ultra-Short Bond Fund (FUSFX) has an annual stock turnover rate of 92.00% vs Ultrashort Bond average of 101.58%. It is good that Fidelity Ultra-Short Bond management does not trade extensively for its return.
  • Fidelity Ultra-Short Bond Fund (FUSFX) has a lower management fee than its Ultrashort Bond average: 0.44% vs 0.74%
  • Fidelity Ultra-Short Bond Fund (FUSFX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about Fidelity Ultra-Short Bond Fund (FUSFX) What we are cautious about Fidelity Ultra-Short Bond Fund (FUSFX)

Data for Fidelity Ultra-Short Bond Fund (FUSFX) as of February 28, 2010

  • Fidelity Ultra-Short Bond Fund (FUSFX) management has been with Fidelity Ultra-Short Bond Fund for only 2.7 years, it is hard to judge manager's ability based on this fund's operation record
  • Fidelity Ultra-Short Bond Fund (FUSFX) has a less-than-ideal short-term performance (1-year return 1.81% vs 6.46 % Ultrashort Bond category average)
  • Fidelity Ultra-Short Bond Fund (FUSFX) has a less-than-ideal mid-term performance (3-year return -4.16% vs 1.62 % Ultrashort Bond category average)
  • Fidelity Ultra-Short Bond Fund (FUSFX) has a less-than-ideal Long-term performance (5-year return -0.89% vs 2.37 % Ultrashort Bond category average)
  • Fidelity Ultra-Short Bond Fund (FUSFX) ratio of up-years vs down years can be improved
  • Fidelity Ultra-Short Bond Fund (FUSFX) has a Morningstar rating of 3 and below
  • Fidelity Ultra-Short Bond Fund (FUSFX) is less safe compared to its Ultrashort Bond peers
  • Fidelity Ultra-Short Bond Fund (FUSFX) does not have a good risk adjusted return as its 3-year Alpha of -5.57 is worse than category average of -0.5, and its 3-year Sharpe ratio is -1.55
  • Fidelity Ultra-Short Bond Fund (FUSFX) is more volatile than its peers as it has a 3-year Standard Deviation of 3.71 that is higher than category average of 2.92
See Fidelity Ultra-Short Bond Fund (FUSFX) performance details as of February 28, 2010

  

  

Interested in other top mutual funds in similar Ultrashort Bond category?

Below are some additional Ultrashort Bond mutual funds generated out of our database

  

Fidelity Ultra-Short Bond Fund (FUSFX) Net Asset

Track net asset change of Fidelity Ultra-Short Bond fund (FUSFX)

DateNet Asset
02/2010$251.43M
01/2010$235.07M
11/2009$231.10M
More historic net asset information on Fidelity Ultra-Short Bond Fund (FUSFX)

  

Fidelity Ultra-Short Bond Fund (FUSFX) Portfolio Allocation

Track portfolio allocation change of Fidelity Ultra-Short Bond fund (FUSFX)

DateCashStockBondOther
01/201044.12%0%55.88%0%
10/200949.58%0%50.42%0%
09/200955.77%0%44.24%0%
Click here to see more historic asset allocation information on Fidelity Ultra-Short Bond Fund (FUSFX)

  

Most Recent Top 10 Holdings in Fidelity Ultra-Short Bond Fund (FUSFX)

Discover what Fidelity Ultra-Short Bond Fund (FUSFX) manager is buying

31-Jan-10
FHLMC 1.625% [6.45%]
United States Treas Nts 0.875% [4%]
Mbna Cc Master Tr 2006-3a FRN [0.99%]
Kraft Foods 5.625% [0.85%]
Chase Issuance Tr 2005-10a 4.65% [0.82%]
Ba Credit Card Tr 2006-16a 4.72% [0.82%]
Merck & Co 1.875% [0.81%]
Goldman Sachs Grp Inc Fdic Gtd Tlgp [0.8%]
Ford Cr Auto Lease Talf 2009-A 2.6% [0.8%]
Svenska Handelsbanken Mtn 144a 144A FRN [0.8%]

31-Oct-09
FHLMC 1.625% [6.79%]
US Treasury Note 0.875% [4.21%]
United States Treas Nts 1% [1.9%]
Mbna Cc Master Tr 2006-3a FRN [1.05%]
Kraft Foods 5.625% [0.89%]
Chase Issuance Tr 2005-10a 4.65% [0.87%]
Merck & Co 1.875% [0.85%]
Ford Cr Auto Lease Talf 2009-A 2.6% [0.85%]
Ba Credit Card Tr 2008-9a 4.07% [0.85%]
Bmw Veh Lease Tr Talf 2009-1 2.04% [0.84%]

30-Sep-09
FHLMC 1.625% [6.75%]
United States Treas Nts 1% [3.62%]
Mbna Cc Master Tr 2006-3a FRN [1.04%]
Chase Issuance Tr 2005-10a 4.65% [0.87%]
Ba Credit Card Tr 2008-9a 4.07% [0.84%]
Ford Cr Auto Lease Talf 2009-A 2.6% [0.84%]
Merck & Co 1.875% [0.84%]
GOLDMAN SACHS GROUP INC FDIC GTD TLGP [0.84%]
Bmw Veh Lease Tr Talf 2009-1 2.04% [0.84%]
CHASE ISSUANCE TRUST 2009-6 [0.84%]
Click here for Stock Holding Change Map in Fidelity Ultra-Short Bond Fund (FUSFX)

  

Related books and products to Fidelity Ultra-Short Bond Fund (FUSFX)

  

Latest News on Fidelity Ultra-Short Bond (FUSFX)

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